FBM KLCI: 1,515.40 pts (-22.14pts, -1.44%)

The FBM KLCI (-1.4%) endured a rout as early gains were quickly wiped out, dragged down by the persistent weakness in selected index heavyweights. Market breadth turned negative as losers hammered the gainers on a ratio of 873-to-315 stocks. Amidst the mostly negative broader market, the telecommunications & media sector (+0.7%) outperformed, led by gains from Seni Jaya Corporation (+25.0 sen), TimedotCom (+22.0 sen) and Telekom (+2.0 sen).

Top 3 Active stocks:
PHB (4464): RM0.03 (-1.0 sen)
PERMAJU (7080): RM0.42 (+6.5 sen)
NETX (0020): RM0.015 (unch)

Volume: 9.41 bln (100-day avg vol: 8.87 bln)
Value: RM5.43 bln
Market Breadth: ⬆:315 ⬇:873
Crude palm oil: RM2,860 (+RM49)
Dow Futures: 29,105 pts (+15 pts)

Source: Bloomberg, M+ Online

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